details coming up during this final hour of trade today. worst day for stocks since september of last year. financials and tech are hit hardest. tech especially had been leading us all the way to the upside. weighing on the dow with two price components, goldman and apple down about 5 and 3% respectively. the question is will the sell off last. we will talk with jeremy siegel, he will join us and talk about why he thinks it is a great buying opportunity right now. of course, he has been bullish on this market for a while. and dig kovacevich and don peebles will join us to discuss the president s strategy and whether he can get republicans on his side. why is the market selling off today after a series of stories that seemed like scandals over a couple of weeks? a number of notes have been passed around on wall street today with people speculating on all of that. programs dan clifton of stratega summed it up in his note. he said this morning, and i quote, the past eigh
all of this as the political turmoil in the white house over the events surrounding president trump s firing of fbi director claims just a momenty seem to have reached a fever pitch. eamon javers is live with more on this story. reporter: hi, melissa. right now the white house is trying to find a new fbi director. the president behind closed doors to my left in the west wing is interviewing several candidates for that position. former oklahoma governor frank keating emerged from the west wing. he said he is a public servant and loves washington, if he had the opportunity to come here, he d like to do that. no indication whether he has been offered the job or not. here are the other candidates the president is talking to, including the acting director, andrew mccabe, frank keating and richard mcfeely and joe lieberman, the independent senator is a candidate. meanwhile, on air force one this afternoon, sean spicer the white house press secretary was asked about the report tha
322 points. down one and half percent. also the same story. it s down more than 2%. they were treating from tweeting from record highs. it can all get bogged down following the revelation of a memo. it has claimed that that memo shows president trump asking comay to take it easy. we have it covered from every angle. and richard goodstein they will tell us what all this means for the trump administration. we are less than an hour to the closing bell. i am ashley webster in for liz claman. let s start the countdown. after weeks of ignoring every sign of trouble. they are suddenly selling off amid evidence. a damaging allegation that could derail the white house s policy agenda. you can see the losses piling up. down as much as 354 points. still on track for the worst day since the election. it s down 327 as we say the s&p down. down two and a quarter percent. the fear gauge which have been hovering at the lowest levels in a century so much for that. now 1420 about 300% today.
to end his investigation into michael flynn. this as the president is meeting now with candidates to replace comey. the report sending shocks waves through capitol hill with both sides of the aisle seeking the truth behind the accusation amid growing concerns this could derail president trump s economic agenda. we are covering this from all angles. among our guest, texas congressman louie gohmert, host of special report, bret baier, former goldman sachs partner peter keirnen. former israeli ambassador, daniel ayalon. and howard kurtz. david: quite a lineup today. the dow closing down 31 points right now as fear over delayeded tax cuts 371 points. as fear of tax cuts not taking hold. phil flynn, watching action in oil. oil, interest rates, gold particularly from the cme. lori rothman on the floor of the new york stock exchange. lori, who is getting hit the hardest? the trump trade is unwinding. it was a tough session but it was a real clear trade. industrials, technology
yesterday but day we had reversal. a lot of people saying negative arrows would continue. instead, cheryl casone we have green arrows. melissa: technology companies came in. hello, everybody, i m cheryl casone, in for melissa francis. this is after the bell. we have all eyes on the white house to see if president trump responds to questions about james comey s firing and independent counsel appointed by deputy attorney general to head up the investigation into russia s involvement in our election and if there were any ties to the trump campaign. we do have blake burman standing by in the east room of the white house. break, what do you expect to hear? do you think the president will answer questions after the statement with him and the colombian president? port: this one could go in any number of directions. we re here in the east room. this could go east, west, north, south, any way they take it, there are a litany of issues from the president on this day. the president ma